HRT future is safe

HRT the team who consistently run around at the back end of the Formula One grid are financially safe according to team principal Colin Kolles.

Spanish investment company Thesan Capital took a controlling stake in the team at the start of July and some have asked what the future holds for one of the youngest teams in the paddock.

But while HRT have always struggled to be competitive on the track, the team boss is convinced that financially they are in a good position off it.

'My direction is always clear. You have to secure a team to make it financially viable; to make it safe so it survives, this is one of the first objectives, because if you are not managing this, then you can have a lot of dreams, a lot of fantasies, but they will never come across because you won't exist.' HRT team principal Colin Kolles told Autosport Magazine.

'I think that we are in a much better position than many other teams here in the paddock, and now we have to start to improve this team at full power, as quickly as possible. I know that people are impatient sometimes, especially journalists.

'But you can't say things that are not realistic for me. You have to go step by step and to improve the team, that's all. To have a structure that's stronger and then you can add certain elements which can improve the team.'

Kolles also confirmed that he remained committed to the team quashing rumours he was set to leave his role.